Category Archives: Stablecoins

This Week in Coins: Bitcoin Avoids Heavy Losses as FTX Contagion Spreads

This week saw continued FTX fallout week as many crypto companies confessed the extent of their exposure to the collapsed empire. In week two of the FTX disaster story, crypto investors can expect things to get worse before they get better. However, the two market leaders, Bitcoin and Ethereum, no longer appear to be in […]

First XRPL-Based USD Stablecoin (USDS) Launched with SEC-Qualified Custodian

According to a recent press release, Stably Corporation, based in Seattle, has officially launched their multichain USD-stablecoin Stably USD under the USDS ticker. The coin released on XRP Ledger is the first ever USD-pegged stablecoin launched on XRPL as part of a cooperation between XRPL and Stably. The source also stated that USDS is a […]

Marius Ciubotariu, co-founder of Hubble Protocol | FinTech World Interview

FinTech World – October 19th Guest: Marius Ciubotariu, co-founder of Hubble Protocol BIO: Marius Ciubotariu is an Informatics Olympiad, and holds a degree in Economics and Statistics, and has been coding since the age of 13. As a Senior Software Engineer with Bloomberg Marius spent eight years building the firm’s Derivatives Pricing Platform, designing new […]

International Standard Setters Publish Guidance on Stablecoin Regulations

The Bank for International Settlements’ Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) published their final guidance on regulating stablecoins Wednesday. The guidance is a step toward implementing a “same risk, same regulation” legal framework for stablecoins, which are cryptocurrencies whose value is usually pegged to a national […]

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